Active Under Contract Commercial MLS# ACT4245238

8501 E Hwy 29

Georgetown, TX 78626

$7,487,650

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About 8501 E Hwy 29

Increased acreage and lowered price acre!! Excellent investment opportunity!! A rare opportunity!! Jonah water has a 24 in water line that runs in front of the property on Hwy 29 and Mud District 16 sewer plant is going in just to the west of this property with plans by Jonah Water to make the sewer plant larger than the present sewer demand from current single family projects underway. This land is outside of the City of Georgetown and to my owner's knowledge is not restricted except under development guidelines of Williamson County. Possible developments could be a mobile home park, RV park, Single Family development, storage facility, industrial facility etc... Buyer to verify water and sewer access per project and verify the acreage with new survey. The acreage for sale is accessed through a perpetual easement off of Hwy 29, however, road frontage access is included in this tract for additional space to build a 50' +/- road for ingress and egress for a commercial development!

Property details

Property

Type
Ranch
MLS type
Commercial Sale
Status
Active Under Contract
Lot
52.616 AC / 2,291,952 SF
Original price
$6,532,000
MLS #
4245238

Exterior & lot

View
Panoramic, Pasture, Trees/Woods

Utilities

Utilities
Electricity Available, Water Available
Water
Public

Financial

Annual tax
$300
Tax year
2021
Parcel
20023100000018BA
Legal
AW0231 AW0231 - FURGUSON, J.F. SUR., ACRES 65.11 +/- out of the 67.11 +/- tract
Special conditions
Standard

Location

County
Williamson
Directions
From Hwy 130 Toll road in Georgetown, go East on Hwy 29 approximately 5 miles and the property is on the left or North side. From the intersection of State Highway 29 and Farm to Market 1660, Go West on SH 29 for .6 of a mile, the subject property is on the North side of SH 29. Subject property is accessed via a 60' easement agreement. Additional land is available with road frontage (Hwy 29 access)

Location

Neighborhood
none

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Listed by Elaine Hebert, Pure Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.